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Asking Price$105,647
Revenue$256,684 EstablishedUndisclosed
Cash Flow$95,474 Employees3 full, 2 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Independent Retail Jewellers
Location Co. Down, N. Ireland
Asking price: £67,500 + SAV

Asking price includes:

Turnover for 2008 circa £164,000
Gross Profit circa £61,000

High-street, town centre location
Established and respected brand name
Mid market product range
Excellent opportunity to grow
Large number of repeat customers
Superb supplier relationships
Reputation for reliability and service
Business profile:
This independent retail jewellers has been established for over 25 years and specialises in quality watches, jewellery and gifts targeting mid market clientele.

The business has established an excellent reputation for quality products and has good accounts with popular brand names including Guess and Storm. Based in an enviable town centre location the jewellery store attracts a large amount of new and repeat business from the local area.

Successfully established as a quality jeweller the experienced staff offer friendly, personal and professional advice to their customers, with every effort made in order to satisfy the customer’s individual requirements.

Excellent trade relationships ensure competitive prices and a continuous supply of quality goods.

With an excellent reputation and large customer base there are numerous opportunities for expansion awaiting the successful buyer.
Facilities:The well fitted shop premises are situated in a town centre location. Leasehold, the rent is £12,000 per annum with rates of £5,000.
Competition:Much of the turnover has been gained as a result of passing trade and subsequent word of mouth. To date the Company has spent limited money on marketing, concentrating on local paper advertisements in the build up to Christmas. Investment in a business website would be a valuable asset in attracting new business and there is no doubt that turnover and profits could increase using this additional medium
Training/Support:The current owner is prepared to provide training and handover to the new owners to make certain the excellent name and trade of the business continues.
Sale Reason:Retirement
Ad #50717
Seller Reference #AB159
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Contact This Seller
Andrew Hudson
0044 1895256000
Email Address